BUSINESS FOR SALE - PROFILE #
173

Bank Approved! 10% down or less-Auto Repair/TowingNorthern Colorado

Asking Price:

$1,736,500

Down Payment:

$1,736,500

Gross Revenue:

$709,802

Adj. Cash Flow*:

$132,574

Executive Summary

Be a star in hometown business. Management only with all people in place. Lotsof room to grow. This very successful auto repair and towing business has full service auto repairs and 24-hour towing. The business began over 35 years ago and continues to be very successful today. The loyalty of their customers tells the story. ASE master service tech and on-going auto repair training due to the major changes in the auto industry from year to year. There are 6 employees covering the tow trucks, shop, service advisers, and a part-time bookkeeper. They use state-of-the-art dealership quality equipment and work on all vehicles, including diesels. The real estate is also included in the purchase price with an approximately 4800 square foot building plus extra land to park vehicles.

Acquisition Highlights

This very successful auto repair and towing business has full service auto repairs and 24-hour towing. The business began over 35 years ago and continues to be very successful today. The loyalty of their customers tells the story. ASE master service tech and on-going auto repair training due to the major changes in the auto industry from year to year. There are 6 employees covering the tow trucks, shop, service advisers, and a part-time bookkeeper. They use state-of-the-art dealership quality equipment and work on all vehicles, including diesels. The real estate is also included in the purchase price with an approximately 4800 square foot building plus extra land to park vehicles.

They are open 7:30 to 5:30 Monday thru Friday and closed over the weekends.

Good history of growth.

Approximately 4800 square feet with 6 bays and plenty of room for supplies/inventory, office space for owner and bookkeeper, etc.

The company started in 1981 and has grown ever since. The current owner took over for his father and added the towing portion, which has proven to be very fruitful.

Financing Information: Cash at closing

Training Information: 8 weeks

This business is not a franchise

Business Synopsis

Asset Information
(estimated fair market value)

Established in:

1981

Inventory:

$17,000

Included

Employees:

6 FT, 1 PT

Furniture, Fixtures & Equipment:

$285,000

Included

Real Estate:

$750,000

Included

Building Sq Ft:

4800

Total Assets
Included in Sale:

$1,052,000

* Adj. Cash Flow -
Recasting provides an economic view of the company and allows meaningful
comparison with other investment opportunities.

Additional business details are available to Principals only. You
will be required to document your ability to complete the proposed
transaction.
Please use this link to request more INFORMATION
which will be sent to the
listing office.

DISCLAIMER: All information contained in this document has been
provided by the subject company or its agent, and while believed to
be correct has not been verified. Accordingly, we makes no
representations or warranties as to the accuracy and truthfulness of
such information. The recipient hereof acknowledges that we shall
not be liable for any loss or injury suffered by said recipient in
any way connected to the delivery by us of this document. At all
times we are an agent for the seller and not for the buyer unless a
specific agreement exists for us to act as the buyer's agent.